Skip some stress with Skip-A-Payment! We have payment freedom for you with our Skip-A-Pay program. Choose to skip any monthly loan payment or we’ll help you Skip-A-Payment from another loan at a different financial institution.
Here are a few simple rules to guide you to extra cash and lower stress levels:
- You must be a member in good standing.
- Finance charges will continue to accrue on your balance from the time you made your last payment.
- A $25 service fee will be charged for a skipped loan payment.
- VISA® credit card, mortgage loans and home equity lines of credit are not included in this offer.
- You can have only one Skip-A-Pay within a 12 month period.
- Loans should have had a six month payment history to be considered for Skip-A-Pay.
- Subject to approval.
Simply return the completed form to us at least five days before your loan payment due date. You can drop the form off at any of our branches, or send it to us by mail or fax:
Members Advantage Credit Union
3064 Ohio Street
Michigan City, IN 46360
By fax: (219) 873-0568, Attn: Skip-A-Pay